Form 4: American Battery Technology Co: Officer Jolcover Reports Stock Vesting and Tax Liability Sale
SEC Form 4 Filing
Scott Jolcover, Chief Mineral Resource Officer of American Battery Technology Co, reports the vesting of common stock and subsequent sale to cover tax obligations.
Summary
- On March 3, 2025, Scott Jolcover, Chief Mineral Resource Officer of American Battery Technology Co, acquired 4,375 shares of common stock due to vesting from his employment agreement.
- On the same day, he acquired an additional 8,333 shares of common stock due to vesting from the company's employee equity compensation plan.
- On March 4, 2025, he sold 4,338 shares of common stock at $0.86 per share to cover tax liabilities associated with the vesting.
- Following these transactions, Jolcover beneficially owns 232,877 shares of American Battery Technology Co.
- The transactions were reported on Form 4, filed with the SEC on March 5, 2025.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reflects routine stock transactions by an officer.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Vesting of 4,375 shares of common stock from employment agreement. |
| 03/03/2025 | Vesting of 8,333 shares of common stock from employee equity compensation plan. |
| 03/04/2025 | Sale of 4,338 shares at $0.86 to cover tax liability. |
| 03/05/2025 | Date of Form 4 filing. |
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